Behavioral Finance: Home Country Bias It was last June when we wrote about a few behavioral finance topics. While markets aren’t as volatile as they were 12 months ago, and headlines surrounding the stock market may not be as divisive, we thought it would be helpful to review some investing basics through the lens of…
Beyond Your Finances, PDS News
Imposter Syndrome – Debunked Being a trusted advisor to our clients, I must admit from time to time I suffer from Imposter Syndrome, summarized as a condition that leads one to fear their success is a result of luck, in turn deceiving others into thinking they are more intelligent than they perceive themselves to be.…
Behavioral Finance: Overconfidence In theory, financial markets are efficient. All necessary information is available to the public and logical decisions can be made by rational, unemotional investors. However, theory and reality are often quite different, and investing is no exception. The study of investor behavior is called Behavioral Finance. For more information on the basics, see our…
Behavioral Finance: Loss Aversion In theory, financial markets are efficient. All necessary information is available to the public and logical decisions can be made by rational, unemotional investors. However, theory and reality are often quite different, and investing is no exception. The study of investor behavior is called Behavioral Finance. For more information on the basics, see…
Behavioral Finance: Intro In the midst of the current market turbulence, many of our clients are paying more attention to financial markets and their investment portfolios than they otherwise typically might. Rather than allowing headlines to influence our emotions, at PDS Planning we rely upon longer-term data and historical context to put the current environment…
Welcome to Viewpoints, a monthly bulletin from PDS Planning to our valued clients and friends. Our goal with each issue of Viewpoints is to provide you with a wide variety of perspectives on life and wealth. Feel free to share with others. Economic and Investment News Bits GE Kicked Out of Dow: Once the world’s…
Let’s back up. The question you should be asking yourself is “Why would I hire a financial advisor?” Nearly every prospective client that comes into our office hears the same thing – “You are capable of doing most of the things we are about to discuss. You should know that before you consider hiring us.”…
